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Economy
Federal Reserve cuts interest rates by quarter-point in December
The Federal Reserve on Wednesday announced its third straight interest rate cut, lowering the benchmark…
DoorDash to pay New York delivery workers $16.75M for subsidizing wages with tips
DoorDash will pay nearly $17 million in a settlement after the food delivery platform used…
Mortgage rates rise above 7% for first time since May
Mortgage rates continued their upward climb this week, leaping above 7% and adding further pressure…
Trump plans ‘External Revenue Service’ for tariffs paid by US importers
President-elect Trump on Tuesday announced plans to create a new "External Revenue Service" that would…
Energy and food prices drove inflation in December
Inflation rose in December to its highest level since July with much of the increase…
Inflation rises 2.9% in December, in line with expectations
Inflation rose again in December as stubbornly high prices continued to strain consumers' finances ahead…
British Airways crewmember accidentally deploys emergency slide at airport
A British Airways crewmember accidentally deployed the aircraft’s emergency slide at London’s Heathrow Airport on…
US producer prices rise moderately in December
U.S. producer prices increased moderately in December, but that is unlikely to change views that…
Which insurance companies have the most exposure in California?
The deadly wildfires that have devastated the greater Los Angeles region in Southern California over the…
Breakfast food prices continue to soar
Soaring grocery prices have wreaked havoc on Americans' budgets in recent years, and while inflation…
California wildfires: insured losses could top $30B, Wells Fargo analysis finds
The devastating wildfires that have impacted Southern California over the last week could have insured losses…
First-time homebuyer? These markets are your best bet in 2025
By all accounts, 2024 was a rough year for folks in the market to purchase…
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